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How To Maintain Steady Cash Flow For Your Real Estate Business

By
Services for Real Estate Pros with eCommission Financial Services, Inc.

As we all know, real estate commission earnings can fluctuate from one month to the next.  Even the most seasoned agents sometimes face income valleys caused by closing delays or seasonal months of slower production. To maintain steady cash flow and ensure monthly expenses are always paid on time, many resourceful agents turn to eCommission. Our serviceenables agents to receive advance payment of pending commissions ahead of an estimated closing date.

eCommission is designed to give agents greater control, choice and flexibility over when they get paid their commissions. Feedback from customers indicate the top three reasons for using the service are:

1. To have complete control over when I get paid
2. To invest in my marketing and advertising
3. Because my closing was unexpectedly delayed
and bills were due

Customers of eCommission use
the service as a business tool during those occasional months when expenses exceed cash flow.

Myth: But...it's too expensive. Fact: The average cost to do an eCommission advance is 8% of the amount you request and the fees can be a tax deductible business expense.

Myth: But...only desperate agents do it. Fact: The average customer using eCommission has sold real estate for 9 years and closes between 8 -16 transactions per year.

Myth: But... It’s too risky. Fact: If you advance a commission on a sale that unexpectedly cancels, you have the option to repay the advance, replace it with a different sale or use a combination of both.  We will work with you to get it covered.

Customers who try eCommission love us! Over 80% return to do more business after completing their first advance.

Discover the benefits of controlling your business cash flow today. eCommission is currently offering a special introductory rate for first-time customers. Get $100 off the cost of your first advance by using promo code NSM100.

Thanks for reading! And feel free to call or email me personally with any questions.

 

Sincerely,

Nick Lateur
National Sales Manager
eCommission Financial Services, Inc.
1-877-882-4368 ext 865
nick.lateur@ecommission.com

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Comments(5)

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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It seems like I just read about one of these services a few days ago, except that one was charging 15%, but you are still doing pretty well at 8% for a months use of your money.

Nov 06, 2013 06:26 AM
Karen Johnson, Realtor, ABR
Addison Wolfe Real Estate - Doylestown, PA
"Bucks County PA Homes"

This is an interesting service and I will definitely look into more for options for during slow months.  Thanks for sharing!

Nov 06, 2013 08:53 AM
eCommission Financial
eCommission Financial Services, Inc. - Austin, TX

Thanks for the comments, Bob and Karen!  

Nov 12, 2013 04:27 AM
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX
Real Estate Agents
I believe this is a flawed business model. Fact #3 may seem flexible but it hurts rather than help. The last time I checked, no one can dig themselves out of debt/ trouble by going deeper.
Nov 17, 2013 10:54 PM
eCommission Financial
eCommission Financial Services, Inc. - Austin, TX

Thanks Lorena.  

Using eCommission is not something agents do to get out of debt.  In fact, a commission advance is simply a way to access future earnings for the sake of time and to even out the 'ups and downs' that Realtors often see in their earnings.  Advances are not loans, so there isn't any debt acquired- We simply allow real estate professionals to have control over their finances through volatile markets by leveraging future earnings.

Thanks for the comment! Please contact Nick Lateur if you have any other questions.  He can be reached at 877-882-4368 x 865.  

 

Nov 18, 2013 01:07 AM